Japanese buyers put off by high prices of Myanmar coffee

AN appreciation in the value of coffee beans this year from Ywangan township, located in the Danu Self Administrative Region of Shan State, has put off Japanese buyers, according to the Mandalay Coffee Association (MCA). A ton of Ywangan coffee beans fetched $3,300 in 2015. But this month, which marks the end of the 2016 […]

Buyers losing money in land scams in Dagon Myothit, Thanlyin

People seeking to buy land have lost money in scams in which brokers resell blocks in four townships in Dagon Myothit and Thanlyin with the use of fake contracts and help from officials at the Human Settlement and Land Record Department and Yangon City Development Committee. Phoe Phyu, a lawyer from Purple Equity law firm, […]

Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts

Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]